Brighter lighting is proven to generate more nighttime sales for shopping centers and retail. When you finance your lighting project, you can provide a complete solution by bundling charges related to equipment, installation, maintenance, and software into a monthly payment option.
Lighting Maintenance Program
WLS has developed a 100% project financing solution for your lighting projects: Our Lighting Maintenance Program (lighting lease program). The LMP enables owners to upgrade lighting on existing properties with little to no out-of-pocket expense. The LMP’s monthly costs are less then the monthly energy savings, allowing owners to reduce the Common Area Maintenance (CAM) costs by more than the cost of the monthly energy bill.
The program consists of a LED lighting upgrade on existing properties paired with netLiNK Controls. netLiNK Controls is our site lighting controls system that enables you to remotely monitor and control your lighting system. WLS provides a contract that covers lighting maintenance needs for the property while paying for the upgraded lighting system. Upon completion of the program, your CAM is substantially reduced, and you own the lighting and controls system.
Existing Lighting Scenario
The expense to operate and maintain the current site lighting system is comprised of:
- Annual Electric Utility Cost
- Annual Maintenance Expense
Proposed Lighting Scenario
The LMP uses funds already being spent on electric utilities and maintenance to be spent on an LED lighting upgrade and netLiNK controls installation. The netLiNK controls web interface allows full control and monitoring of your site’s health from anywhere.
Financing for Texas Schools
Upgrade your school’s lighting without any net out-of-pocket expense with the SECO Texas LoanSTAR Program.
The State Energy Conservation Office is partnering with Texas public K-12 schools and public institutions of higher education to reduce energy utility costs and maximize efficiency. The Texas LoanSTAR (Saving Taxes and Resources) Revolving Loan can finance your LED lighting upgrade that reduces energy costs or your facility.
Learn more about the SECO LoanSTAR Program here.
